HKETO Newsroom

April 30, 2018

HKETO Director attends OCE Discovery Conference

Director of the Hong Kong Economic and Trade Office (Toronto) (HKETO), Miss Kathy Chan, attended the Discovery 2018 Conference hosted by Ontario Centres of Excellence on April 30 in Toronto.

Speaking at the “Innovation Partners Overview” session of the Conference, Miss Chan first gave an account of the vibrant start-up scene in Hong Kong. “In 2016, Hong Kong saw a steady upward trend in the number of startups. According to the latest survey, there were nearly 2,000 start-ups in Hong Kong, involving 5,600 workstations and 5,000 staff,” she said.

The growth has been driven by the city’s incubators and accelerators such as Hong Kong Science and Technology Parks Corporation as well as the unique business advantages offered by Hong Kong including the free and open economy, the common law system, the English and Chinese bilingual proficiency, the highly efficient workforce and the proximity to Mainland China.

Miss Chan went on to highlight the competitive corporate profits tax system of Hong Kong, under which the first HK$2 million profits of enterprises are only subject to a tax rate of 8.25%. In addition, tax deductions up to 300% for expenditure incurred by enterprises on research and development would also be introduced.

On top of these, Hong Kong SAR government rolled out a HK$2 billion Innovation and Technology Venture Fund Scheme last year to co-invest on a matching basis with private venture capital funds in local technology start-ups .

“Looking ahead, we are working with Shenzhen to jointly develop a mega innovation and technology park at the adjoining border so as to develop Hong Kong into an important international innovation and technology hub,” Miss Chan concluded.

Two speakers from Hong Kong also spoke at the session. They included Head of StartmeupHK at Invest HK, Ms Jayne Chan, who spoke on the startup ecosystem in Hong Kong, and Chief Technology Officer of Hong Kong Science and Technology Parks Corporation, Mr George Tee, who introduced how the corporation helps businesses grow and expand in Asia.

April 30, 2018

香港經貿處處長出席安省卓越中心Discovery Conference

香港駐多倫多經濟貿易辦事處(香港經貿處)處長陳納思於四月三十日出席安省卓越中心(Ontario Centres of Excellence) 於多倫多舉行的「2018 Discovery Conference」。

陳納思於會議的「創新夥伴概況」環節上致辭時,簡介香港發展迅速的初創生態。她說:「在2016年, 香港初創企業的數目錄得穩定增長。根據最新的調查,香港現時有近2,000家初創企業,涉及5,600個工作台和5,000名員工。」

香港初創企業的增長除了由香港的培育機構如香港科技園公司帶動外,亦有賴香港各項獨特的營商優勢,包括自由開放的市場經濟、普通法制度、中英語雙語能力、高效率的勞動人口以及鄰近中國內地的優越地理位置。

陳納思指出,香港的公司利得稅制度極具競爭力,企業首200萬港元利潤的利得稅率只為8.25%。此外,企業合資格的研發開支亦將可獲最高300%的扣稅。

除此之外,香港特區政府亦於去年設立了一項20億港元的創科創投基金,以配對形式,與私人風險投資基金共同投資本地創科初創企業。

陳納思總結時說:「展望未來,我們會與深圳携手在連接的邊境地區發展一個龐大的港深創新及科技園,以期將香港發展成為一個重要的國際創科中心。」

在「創新夥伴概況」環節中亦有兩位來自香港的講者,他們是投資推廣署初創企業主管陳幗貞,她向與會者講述香港的初創生態,以及香港科技園公司首席科技總監戴紹龍,他介紹了科技園公司如何協助企業在亞洲區發展業務。